FG Launches Initiative to Attract Foreign Investors to Nigeria Tertiary Institution
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The Federal Government has launched an initiative to attract foreign investors to Nigeria's tertiary institutions, in a bid to increase the quality of education in the country.
The announcement was made by the Honorable Minister of Education, Prof. Tahir Mamman, during the Civil Service Week 2024.
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The move aims to diversify ownership of tertiary institutions beyond federal control, incorporating private, state, and international stakeholders. The Ministry added that this initiative is expected to enhance the quality of education, infrastructure, and innovation in the sector
The theme of the African Union for Civil Service Week, "Education for an African Fit for the 21st Century," was highlighted by Dr. Folasade Omolara Yemi-Esan, emphasizing the crucial role education plays in Africa's socio-economic transformation.
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The Ministry disclosed that the expected benefits of the initiative includes increased funding, improved facilities, and more collaboration opportunities with international institutions.
The Federal Government also extended invitation to foreign investors to explore Nigeria's education sector, which is expected to yield significant dividend.
